2012 Budget - South Suburban Parks and Recreation

SOUTH SUBURBAN PARK AND RECREATION DISTRICT
GENERAL FUND SUMMARY BY CATEGORY
Actual Budget Estimated Budget
2010 2011 2011 2012
(continued)
TOTAL REVENUE $ 20,891,168 $ 20,146,013 $ 17,835,485 $ 14,739,198
TOTAL EXPENDITURES 20,143,649 29,127,079 21,991,360 19,556,703
NET REVENUE OVER (UNDER)
EXPENDITURES 747,519 (8,981,066) (4,155,875) (4,817,505)
BEGINNING FUNDS AVAILABLE 10,064,209 10,811,728 10,811,728 6,655,853
ENDING FUNDS 10,811,728 1,830,662 6,655,853 1,838,348
LESS RESERVES:
7% OPERATING RESERVE (661,556) (681,084) (672,138) (679,631)
1 MILL RESERVE (2,195,094) - (1,855,378) -
CHV RESERVE (4,661,484) - (2,755,058) -
INSURANCE RESERVE (1,000,975) (1,000,975) (1,000,975) (1,000,000)
ENVIRONMENTAL RESERVE (148,603) (148,603) (148,603) (158,717)
UNRESERVED FUNDS AVAILABLE $ 2,144,016 $ - $ 223,701 $ -
(1) 67% of administrative costs charged to the Enterprise fund.
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